On average, listings lease in the $20's per square foot per year. The Temple Terrace submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 32% decrease in rent.
In the last 90 days, 9 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 189% of the available space in the Temple Terrace are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,750 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1987 and are Class A.